Listing ID: 80553
Top pool service company. Net $100,000 plus a year potential. Accounts have been on service from 10-20 years. Complete service staff. Residential and commercial good great mix. Owner purchase thru us years ago and ill health forces sale. Previous owner still involved. Great opportunity to enter this essential pool service industry or expand your base. All accounts are guaranteed thru escrow. For complete details call the No. 1 Pool Route Broker for over 46 years. 1-949-249-1001.
- Asking Price: $102,000
- Cash Flow: $12,600
- Gross Revenue: $152,000
- EBITDA: $100,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2001
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Complete support, training and consulting included in the transaction thru escrow.
Serious health condition.
This Business Is Home Based
The company was founded in 2001, making the business 21 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals choose to sell businesses. However, the genuine reason vs the one they say to you may be 2 entirely different things. As an example, they may state "I have way too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be reasons to try to conceal the reality of altering demographics, increased competition, recent decrease in incomes, or a variety of other factors. This is why it is very essential that you not count totally on a seller's word, but rather, use the seller's response along with your total due diligence. This will paint a much more sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Many businesses take out loans so as to cover items such as inventory, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that profit margins are too thin. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location attract brand-new clients? Often times, businesses have repeat customers, which create the core of their daily revenues. Specific aspects such as brand-new competitors sprouting up around the area, roadway building and construction, and also employee turnover can impact repeat clients and also adversely influence future profits. One vital point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Obviously, the more people that see the business regularly, the better the possibility to build a returning client base. A final thought is the general area demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? Just how might the regional mean house income influence future income potential?